1993-02-05 Resolution 70 - Laserfiche WebLink

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this Lease, the Authority shall execute a deed of the Tax-Exempt Project and all or the remaining part of the Taxable Project to the Lessee conveying good and merchantable title thereto, subject only to the Permitted Encumbrances. 3. Exhibit B to the Lease - Taxable Project Description - shall be and hereby is amended by amending the scope of the work to be performed under (1) of Exhibit B to provide as follows: (1) The engineering design of Northwest Loop Improvements in the City of South Bend consisting of the design of approximately 1100 linear feet of U-shaped roadway separated by a 120 foot grassed median located=along the new alignment of Old Cleveland Road, (the overall width to be 40"-0" from back of curb to back of curb and the proposed curb and gutter section is 2'-0" with a curb height of 6 inches), lighting, extension of water and sewer lines and appurtenant work, all of such construction and related improvements when made, to be made on the following described real estate acquired or to be acquired by the Authority: with the Northwest Loop Description contained at (1) of Exhibit B to remain unchanged. 4. Exhibit B to the Lease - Taxable Project Description -.shall be and hereby is amended by adding four (4} additional. parcels of land and any improvements thereon situated in St. Joseph County, Indiana, and needed in connection with local public improvements to be constructed in the Airport Economic Development Area, to (2) of Exhibit B which shall be added as paragraph (k), which shall read as follows: (k) (1} Lot 5 - A parcel of land in the Northeast Quarter of Section 21, Township 38 North, Range 2 East, German Township, St. Joseph .County, Indiana, and described as being Lot 5 of the Toll Road Industrial Park - Section Three, recorded under instrument number 8717304, dated June 5, 1987 at the office of the Recorder of St. Joseph County, Indiana, and containing 2.3634 acres, more or less, and is subject to all easements, restrictions and covenants of record. (2) Lot 11 - A parcel of land in the Northeast Quarter of Section 21, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana, and described as being Lot 11 of Toll Road Industrial Park - Section 6, as recorded under instrument number 8908570, dated April 7, 1989, at the office of the Recorder of St. Joseph County, Indiana, and containing 3.7178 acres, more or less, and is subject to all easements, restrictions and covenants of record. -4-